An Increase in the Demand for Computers Leads to an Increase

question 107

Multiple Choice

An increase in the demand for computers leads to an increase in demand for computer programmers.This situation arises because:

• A) programmers minimize the costs of production.
• B) the supply of programmers has decreased.
• C) the demand for programmers is a derived demand.
• D) of producer sovereignty in resource markets.

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Definitions:

Computer Chips

Small electronic devices consisting of a set of integrated circuits used to perform various computing tasks.

San Francisco

A major city in California, USA, known for its iconic Golden Gate Bridge, steep streets, and historic cable cars.

Oral Agreement

An oral agreement is a verbal contract between parties that is as legally binding as a written contract, though harder to prove, covering the terms and conditions they've agreed upon.

Enforceability

The ability of an agreement or contract to be legally compelled or executed according to its terms.